System and method for checkless cash advance settlement

ABSTRACT

Methods, devices, and systems for conducting a checkless cash access settlement are provided. In one embodiment, a cash advance method includes the following: a customer initiates a cash access transaction with a financial card via a cash access system; the customer receives authorization or denial; the customer provides identification and the financial card to a cashier or attendant; the cashier or attendant validates the customer&#39;s identity, retrieves the transaction information, and completes the cash advance application; the application prints a non-negotiable instrument, such as a transaction receipt; the customer signs the receipt confirming the transaction with a physical receipt or electronic capture; the receipt image is stored electronically for subsequent transmittal to a central server; the transaction information, including the receipt image if applicable, is recorded on the central server; and the central server generates an ACH file and electronically transmits the ACH file to a designated financial institution.

RELATED APPLICATIONS

This application is a Continuation Application of U.S. patentapplication Ser. No. 12/268,857, filed Nov. 11, 2008, which isContinuation application of U.S. patent application Ser. No. 11/223,708,filed Sep. 9, 2005, which also claims the benefit of U.S. ProvisionalApplication No. 60/608,196, filed Sep. 9, 2004, which applications areincorporated herein by reference in their entirety.

BACKGROUND OF THE INVENTION

The present invention relates to a system and method for performingcheckless cash advance settlement transactions, particularly in a casinoenvironment.

A number of aspects related to casino gaming and operation are becomingincreasingly sophisticated. Casino patrons enjoy playing the plethora ofunique video slot, poker, and other electronic games of chance. Othertechnological advancements, such as card shuffling machines, chiphandling devices, etc., enhance the customer's perception of casinosecurity and fairness. Each of these factors contributes to a heighteneddesire to visit and participate in gaming activities at a particularcasino, a result clearly desired by casino operators.

As a result of these activities, casino gaming is a highly popularactivity in today's society. Often times, a particular individual'senjoyment of the casino gaming experience is predicated upon having asufficient supply of money that in turn allows the patron to participatein gaming activities for a desired length of time. In a most basic form,the customer simply brings a sufficient amount of currency (or “cash”)with him/her to the casino that can be exchanged for negotiablechips/casino issued gaming cards and/or used with various gamingmachines. Invariably, a customer may forget to bring a desired amount ofcurrency with him/her to the casino, and/or depletes the supply ofcurrency brought to the casino before he/she is ready for their gamingexperience to end. Under these circumstances, the customer will desireto access additional monies otherwise available through one or morefinancial institutions at which the customer maintains an account. Forexample, the customer can utilize an automatic teller machine (“ATM”)located on the casino's premises.

An additional mechanism by which a casino customer can access anoff-site financial account is via a cash advance transaction from acredit-type account owned by the customer. Most casinos are equipped tohandle cash advance transactions, whereby the customer presents afinancial institution card to a casino employee. As used throughout thisspecification, the phrases “financial institution card” or “financialcard” are in reference to a credit card, debit card, or bank card. Tothis end, casinos often provide a central “cage” station at which ateller is available for processing a financial card cash advancetransaction. Regardless, the customer's financial card is processed by adesigned electronic processing unit that is otherwise connected (such asvia a phone line) to a financial transaction processing serviceprovider. The service provider automatically reviews the relevantfinancial card information and desired cash advance amount, and eitherauthorizes or denies the requested transaction. If approved, the casinoemployee (or other person designated by the casino for performing cashadvance transactions, such as third party cash advance cash advanceservice provider) then prepares a quasi-cash document for the customerto execute and then exchange for cash and/or casino-issued chips orgaming card (e.g., a magnetic swipe card issued by the casino that, viainteraction with a central database, maintains a credit account for thecustomer with the casino). In general terms, and as is known in the art,a quasi-cash document is akin to a check or money order and represents anegotiable instrument once signed by the customer. Thus, the quasi-cashdocument must include not only the cash advance dollar amount, but alsocustomer identification information including full name, street address,and in some instances state identification number (e.g., driver licensenumber) and telephone number.

While the casino employee (or other designated person/service provider)likely has access to a computerized system that facilitates automaticprinting of the quasi-cash document, the customer identificationinformation must be manually entered into the system by the casinoemployee. Unfortunately, this can be a relatively time-consuming task,especially where the customer has a unique name and/or address. In thisregard, it is commonplace for multiple casino customers to virtuallysimultaneously desire to perform a cash advance transaction. Thus, evenif the manual entry of customer identification information requires onlya few minutes of the casino employee's time, where several patrons arewaiting in line, the cumulative delay can become discouraging. Clearly,casinos have a vested interested in maintaining a high level of customersatisfaction, but also to avoid situations that might otherwise dissuadea customer from obtaining additional funds that in turn are used toparticipate in casino gaming activities.

Financial institution card cash advance transactions are a common placein casinos. However, existing cash advance systems require manual entryof customer identification information as part of the quasi-cashdocument generating process. This requirement entails unacceptabledelays in completing an individual transaction. Therefore, a need existsfor a system and method of performing a quasi-cash transaction for acustomer, such as a casino customer, in an expedited fashion.

In addition to the issues outlined above, certain additional drawbacksremain related to cash access. In particular, casino customers arepresently unable to perform a monetary advance transaction directly fromthe gaming station at which the customer is located. Instead, the casinocustomer is required to walk away from the gaming activity in whichhe/she is engaged, locate an appropriate transaction machine/station,and perform the desired financial transaction. For example, whileconvenient, ATMs are typically dispersed at various locations within thecasino, away from individual gaming stations. Alternatively, a creditcard-type transaction can be performed s outlined above (i.e., through acasino teller, or other designated individual, otherwise residing at acentral “cage” station). Even further, while cash advance kiosks haverecently become highly popular and provide certain conveniences tocustomers, the customer is still required to leave the gaming station toperform the desired financial transaction.

Casino customers can be frustrated when having to leave a gaming stationto perform a monetary advance transaction. A popular gaming strategy isto continue playing a particular gaming activity after successive lossesbased upon a belief that the customer is “due” to win in the nearfuture. For example, slot machine players often enjoy remaining at aparticular slot machine for an extended length of time, theorizing thatthe slot machine will produce a large jackpot after a certain number ofplays. Similarly, black jack, roulette, craps, etc.; players oftendesire to stay at a particular gaming table to “ride out” a losingstreak, assuming that one or more winning wagers are soon to occur.Being forced to leave the gaming station to obtain additional fundsundermines this gaming strategy, and is thus disconcerting to the casinocustomer. The casino also has a vested interest in not only keepingcustomers happy, but also encouraging customers to continue playing at aparticular gaming station.

Therefore, a need exists for a system and method of performing afinancial transaction at a gaming station in a manner that satisfiesprescribed security regimens.

SUMMARY OF THE INVENTION

One aspect of the present invention relates to a method of performing aquasi-cash transaction for a customer. The method includes receivinginformation from the customer relating to a desired transaction dollaramount. A State or government identification card issued to the customeris electronically processed to retrieve machine-readable informationstored on the identification card. Customer identification informationis electronically parsed from the retrieved machine-readableinformation. Quasi-cash document information is electronically generatedutilizing the desired dollar amount and at least a portion of theelectronically parsed customer identification information. Finally, aquasi-cash document is printed, with the quasi-cash document includingand displaying the generated quasi-cash document information. In onepreferred embodiment, the parsed customer identification is thecustomer's name. In another preferred embodiment, additional customeridentification information is parsed from the retrieved machine-readableinformation, including customer address. In yet another preferredembodiment, processing of the machine-readable information includesdetermining a format of the machine-readable information based uponreference to a database.

Another aspect of the present invention relates to a system forperforming a quasi-cash transaction for a customer. The system includesa card reader, a processor, and a printer. The card reader is adapted toread machine-readable information stored on a State identification cardissued to the customer. The processor is electrically connected to thecard reader and is adapted to receive information from the customerrelating to a desired transaction dollar amount and receive themachine-readable information from the card reader. Further, theprocessor is adapted to parse customer identification information fromthe machine-readable information, and to generate quasi-cash documentinformation based upon the desired dollar amount and the parsed customeridentification information. Finally, the printer is electricallyconnected to the processor and is adapted to print a quasi-cash documentbased upon the generated quasi-cash document information as provided bythe processor. In one preferred embodiment, the card reader is furtheradapted to read machine-readable information stored on a financialinstitution card provided by the customer, and the processor is adaptedto perform a transaction approval operation. In another preferredembodiment, the processor is adapted to recognize a format of themachine-readable information based upon reference to a databasemaintained by the processor.

Yet another aspect of the present invention relates to a method ofperforming a quasi-cash transaction for a customer in a casino. Themethod initially includes receiving information from the customerrelating to a desired transaction dollar amount. A State or governmentidentification card, otherwise issued to the customer, is delivered fromthe customer to a casino designee. The casino designee operates a cardreader to retrieve machine-readable information stored on the Stateidentification card. Customer identification information is thenelectronically parsed from the retrieved machine-readable information.Quasi-cash document information is electronically generated utilizingthe desired dollar amount and the electronically parsed customeridentification information. A quasi-cash document is then printed thatincludes and displays the quasi-cash document information. Finally, thecasino designee delivers the quasi-cash document to the customer. In onepreferred embodiment, the customer executes and exchanges the quasi-cashdocument for a cash or casino-issued negotiable instrument such as chipsor casino gaming card.

Another embodiment of the present invention provides a method ofperforming a financial transaction within a casino by a casino customerlocated at a casino gaming station. The method includes providing aportable, remote control unit (RCU) to the casino customer at the casinogaming station. Transaction information is entered into the RCU relatingto a financial transaction desired by the casino customer from anaccount owned by the customer. The transaction information is signaledfrom the RCU to a base processor via a wireless transmission. The RCU isoperated to electronically capture a signature of the casino customer,with this electronically captured signature being signaled from the RCUto the base processor via a wireless transmission. Finally, the baseprocessor is operated to print, via a printer electronically connectedto the base processor, a negotiable financial document based upon thetransaction information. In this regard, the printed negotiablefinancial document includes the customer's signature, generated by thebase processor based upon the electronically captured signature. In onepreferred embodiment, the RCU designates to the base processor alocation of the gaming station, and a negotiable instrument is deliveredto the casino customer following printing of the negotiable financialdocument based upon the designated gaming station location. In thisregard, and in yet another preferred embodiment, the deliverednegotiable instrument includes at least one of cash, casino-issuedchips, casino-issued gaming card, a check, or the printed negotiablefinancial document.

A further aspect of the present invention relates to a system forperforming a financial transaction within a casino by a casino customerlocated at a casino gaming station. The system includes a remote controlunit (RCU), a base processor, and a printer. The RCU is deliverable tothe gaming station, and is adapted to receive transaction informationrelating to a financial transaction desired by the casino customer froman account owned by the customer. The RCU preferably includes a cardreader to process financial cards and State issued ID cards in order tostreamline the receipt of information. Further, the RCU is adapted toelectronically capture a signature of the casino customer, andwirelessly signal the transaction information and the electronicallycaptured signature. The base processor is adapted to receive wirelesssignals from the RCU and generate negotiable financial documentformatting information based upon the transaction information and theelectronically captured signature. Finally, the printer iselectronically connected to the base processor. The printer utilizes thenegotiable financial document formatting information to print anegotiable financial document that includes the customer's signature.With this system, a casino customer can perform a desired financialtransaction without leaving the gaming station at which he or she isparticipating in a gaming activity.

BRIEF DESCRIPTION OF THE DRAWINGS

FIG. 1 is a block diagram of a quasi-cash transaction system inaccordance with an embodiment of the present invention;

FIG. 2 is a schematic illustration of machine-readable information, inASCII format, provided by an exemplary State identification card;

FIG. 3 is a block diagram illustrating an identification card databasein accordance with one embodiment of the present invention provided witha processor component of the system of FIG. 1;

FIG. 4 is a block diagram illustrating exemplary entries associated withthe database of FIG. 3;

FIG. 5 is a flow diagram of a method in accordance with the presentinvention; and

FIG. 6 is an illustration of an exemplary quasi-cash document generatedby the system and method of the present invention.

FIG. 7 is a block diagram of a wireless casino transaction system inaccordance with an embodiment of the present invention;

FIG. 8A is a simplified plan view of an embodiment of a portable remotecontrol unit useful with the system of FIG. 7;

FIG. 8B is a block diagram of the portable remote control unit of FIG.8A;

FIG. 9 is a simplified plan view of a base processor useful with thesystem of FIG. 7; and

FIGS. 10A-10B is a flow diagram, illustrating one embodiment of a methodof performing a casino financial transaction in accordance with thepresent invention.

DETAILED DESCRIPTION OF THE PREFERRED EMBODIMENTS

One embodiment of a quasi-cash transaction system 10 in accordance withthe present invention is shown in block form in FIG. 1. In a preferredembodiment, the quasi-cash transaction system 10 is utilized within acasino 12 at which a casino designee 14 (e.g., casino teller, pit boss,runner, employee of a third party cash advance service provider, etc.)facilitates the quasi-cash transaction for a customer 16. Alternatively,the system 10 of the present invention may be utilized in otherenvironments. Regardless, the system 10 preferably includes a cardreader 18, a processor 20, and a printer 22. These components aredescribed in greater detail below. In general terms, however, the cardreader 18 and the printer 22 are electrically connected to the processor20.

As part of a quasi-cash transaction, the casino designee 14 obtains aState or government identification card 24 from the customer 16.Although a State identification is discussed below, it is understoodthat other types of identification cards could also be used. Asdescribed below, the State identification card 24 providesidentification information in a machine-readable form. The card reader18 is operated to retrieve the machine-readable information from theState identification card 24, with this information being signaled tothe processor 20. The processor 20, in turn, compares the retrievedmachine-readable information with formatting information provided by anidentification card database 26 (denoted as “ID DB” in FIG. 1). Basedupon this comparison, the processor 20 parses desired customeridentification information from the retrieved machine-readableinformation, and generates quasi-cash document information based uponthe parsed information. The processor 20 prompts the printer 22 to printan appropriate quasi-cash document (not shown) that otherwise includesand displays the parsed customer information. The casino designee 14then delivers the quasi-cash document to the customer 16. In onepreferred embodiment, the parsed customer identification information isstored in a database (described below) for reference in futuretransactions. Unlike existing cash advance transaction techniques, thesystem and method of the present invention preferably does not requirethe casino designee 14 to manually enter customer identificationinformation as part of the quasi-cash document generation process.

The card reader 18 is of a type known in the art and is adapted to readand decode machine-readable information stored on a State identificationcard 24. In this regard, the State identification card 24 can assume awide variety of forms, but is generally in reference to anidentification card, such as a driver's license, issued by a State ofthe United States of America. To this end, most State identificationcards provide identification information in machine-readable form.Exemplary technologies for presenting this machine-readable informationinclude magnetic stripe, integrated circuit, finger imaging, opticalmemory, bar code (two-dimensional), and digital images. The card reader18 is thus adapted to read and decode information provided by theparticular card technology. Magnetic stripe and bar code techniques aremost common, such that the card reader 18 is preferably a magnetic cardswipe reader that reads and decodes information on the magnetic stripprovided by the State identification card 24. The card reader 18 sendsinformation to a decode logic module (not shown) which converts a serialbit stream from the card reader 18 into a byte-wide stream for input tothe processor 20. Alternatively, the card reader 18 can be a “dip” cardreader, etc. Because most financial cards also include a magnetic stripewith machine-readable information, the card reader 18 is furtherpreferably adapted to read and decode information from a financial card28 of the customer 16.

The processor 20 is a microprocessor-based device, capable of storinginformation and performing desired operations. In this regard, theprocessor 20 preferably includes and/or is connected to a display screen30, a keypad 32, a transmission line 34, RAM 36, ROM 38, and theidentification card database 26. The software used to control operationof the processor 20 is stored in the ROM 38. Further, the identificationcard database 26 (as well as other databases such as a customer database40) are preferably stored in the ROM 38 (it being noted that FIG. 1illustrates the identification card database 26 and the customerdatabase 40 separate from the ROM 38 for ease of illustration).Conversely, information entered via the display 30, the keypad 32,and/or the card reader 18 is stored by the processor 20 in the RAM 36for further processing. To this end, the display 30 and the keypad 32are of types known in the art and can assume a variety of forms. Forexample, the keypad 32 can be a keyboard, and the display 30 can be atouch-screen display. One or both of the display 30 and/or the keypad 32can be eliminated depending upon desired operation of the system 10.Finally, the transmission line 34 provides a communication link tooff-site resources, such as a financial transaction processing serviceprovider, for example Vital Processing Services of Tempe, Ariz.

Operation of the processor 20 to process financial card information isknown. However, electronic processing of State identification cardinformation in accordance with the present invention represents adistinct advancement in the art. In general terms, the processor 20 isadapted to parse desired customer identification information from theState identification card 24 (as otherwise read and decoded by the cardreader 18) based upon reference to the identification card database 26.As described in greater detail below, the identification card database26 preferably includes a listing of format designations foridentification cards associated with multiple States (preferably, theidentification card database 26 includes formatting designations for allfifty States) or other identification card issuing bodies.

As a starting point, the American Association of Motor VehicleAdministrators (AAMVA) has established certain general formattingstandards for machine-readable information stored on a Stateidentification card. These standards are outlined in a publicationentitled “AAMVA National Standard for the Driver'sLicense/Identification Card” (2000), commonly referred to as “AAMVADL/ID 2000”. As previously described, virtually all current Stateidentification cards present the machine-readable information via amagnetic stripe or a bar code. In this regard, current magnetic stripetechnology presents three tracks containing certain identificationinformation; bar codes are typically read in a two-dimensional format.The AAMVA DL/ID 2000 recites required and optional data elements foreach of the tracks, as well as preferred format conventions. Within eachrequired data element and format convention, however, numerousvariations are acceptable such that a universal “standard” does notexist. In fact, the formatting of the machine-readable informationdistinctly varies from State-to-State. Thus, the processor 20 must beadapted to recognize the originating State of the customer's Stateidentification card 24 and, based upon reference to the identificationcard database 26, determine the formatting utilized by the particularState identification card 24 and thus the “location” of relevantinformation.

For example, FIG. 2 presents a decoded listing of the machine-readableinformation (in ASCII format) provided by a hypothetical Stateidentification card issued by the State of Minnesota. Themachine-readable information (referenced generally at 50) is presentedin three tracks 52 a, 52 b, and 52 c. With respect to track 1 (52 a), aseries of ASCII characters are presented. Each character occupies adesignated data stream location position. For example, the character “%”is located at Position Number 1, whereas the character “?” is located atPosition Number 40 (with the one example of FIG. 2). Pursuant to theAAMVA DL/ID 2000 standards, certain characters are designated assentinels and other characters represent field delimiters. AAMVA DL/ID2000-accepted ASCII sentinels include “%”, “;”, “#” as start sentinels;“?” as an end sentinel; “^” and “=” as field delimiters. With thesedesignations in mind, the converted ASCII character associated withTrack 1 (52 a) of FIG. 2 includes the start sentinel “%” at PositionNumber 1. Position Numbers 2 and 3 provide a state identifier code (“MN”in the example of FIG. 2). Following the state identifier code, theremaining characters up to the first field delimiter (the first “^” atposition 12 in FIG. 2) represent the city component of the cardholder'saddress. Thus, with respect to the example of FIG. 2, the cardholder'scity is “ANYTOWN” (provided by the characters in Positions 4-11). Ineffect, the information presented between the start sentinel (“%”) andthe first field delimiter (“^”) can be designated as {Field 1}.

The characters presented between the first field delimiter (the “^” atPosition 12) and the second field delimiter (the “^” at Position 26)represents {Field 2}, and provides the cardholder's name. Thus, withrespect to the example of FIG. 2, Track 1 (52 a) recites that thecardholder's name is “JOHN JACK DOE”. This name format/convention (e.g.,first middle last) is not an AAMVA requirement. In fact, many statesutilize differing formats/conventions (e.g., last first middle).Further, the use of a blank space between the name components (e.g., theblank character spaces at Track 1 Positions 17 and 22 in the example ofFIG. 2) is not universally employed. For example, identification cardsissued by the State of Ohio employ a “$” instead of a blank space (e.g.,the name formatting for Ohio is “last$first$MI”).

Finally, the characters presented between the second field delimiter(e.g., the “^” at Position 26) and the stop sentinel (e.g., the “?” atPosition 40) is designated as {Field 3} and provides the cardholder'sstreet address. Thus, with reference to the example of FIG. 2, thecardholder's street address is “111 ANY STREET”. Once again, thepresentation of the street address information varies fromstate-to-state. For example, where the cardholder's street addressincludes a P.O. Box number, some states (such as Wisconsin) do notinclude the ASCII characters “P.O. Box”. Thus, where the cardholder'sstreet address is “P.O. Box 123”, a State identification card issued bythe State of Wisconsin will only provide “123” in the {Field 3}, whereasother states will include “P.O. Box 123”.

Track 2 (52 b of FIG. 2) typically includes information relating toFederal/State Identification Code, identification card number,expiration date, and date of birth. With reference to the example ofFIG. 2, following the start sentinel (“;” at Position 1), the next sixcharacters (Positions 2-7) provide the Federal or State IdentificationCode (“123456” with the example of FIG. 2). Identification card numberinformation is then provided. In this regard, formatting of theidentification card number varies greatly from state-to-state. Thedifficulty in accurately designating the identification card number formthe Track 2 data stream is further complicated by the fact that,pursuant to AAMVA DL/ID 2000 standards, Track 2 (52 b) normally does notinclude alpha characters; however, the actual identification card numberassigned by the issuing body (e.g., the State that issues theidentification card) oftentimes does include at least one alphabeticcharacter (typically an alpha prefix). For example, the identificationcard number associated with the example of FIG. 2 is “D999999888888”.The numeric component is found following the Federal Identification Code(e.g., beginning at Position 8) through the field delimiter (“=” atPosition 20). With Minnesota State identification cards, the alphaprefix component is presented in numeric form via the two numbersappearing immediately before the stop sentinel (“?” at Position 35 inFIG. 2). With reference to the example of FIG. 2, then, the two numbersfound immediately preceding the stop sentinel are “04” (Positions 33 and34). The numeric “04” translates to the letter “D”. Once again, this isbut one formatting convention. For example, many states employ a twoletter alpha prefix for the identification card number; under thesecircumstances, one or both of these alpha prefix characters can berepresented in numeric form within Track 2. Further, the location of thealpha prefix designator varies from state-to-state. For example, Ohioputs both alpha prefix numeric designations at the front of the numericcomponent of the identification number. Regardless, following the fielddelimiter (“=”), expiration date and date of birth information areprovided. With respect to the example of FIG. 2, Minnesota designatesthe expiration date information in Track 2 as (MMYY), such that theexemplary identification card of FIG. 2 expires in February 2010 (i.e.,“0210” at Positions 21-24). Other states may include a centurydesignation and/or a day of month of expiration. Similarly,representation of the cardholder's date of birth may also vary. Withrespect to the example of FIG. 2, the date of birth information ispresented at Positions 25-32, and is found to be “19680206”,representing a date of birth of Feb. 6, 1968. Other states may notinclude reference to the century and/or may change a positioning of theday, month, and/or year formatting.

Finally, Track 3 (52 c) is not found on many State-issued identificationcards. For those State identification cards that do provide a Track 3,of particular interest is the zip code information presented a certainnumber of positional spaces after the start sentinel (“#”). MinnesotaState identification cards, for example, provide the zip code threepositional spaces after the start sentinel (e.g., Positions 4-8). Thus,with the example of FIG. 2, the cardholder's zip code is “55123”. OtherStates locate the zip code, along with other information, at differinglocations in Track 3 and/or in other tracks (especially where theparticular State identification card machine-readable informationtechnology does not provide three tracks).

As described below, the system and method of the present invention 25addresses the wide-ranging differences in identification cardinformation formatting to provide a universally applicable system (i.e.,not limited to reviewing identification card information from only oneState). An additional complication addressed by the system and method ofthe present invention is that many states have issued multipleidentification card versions having varying machine-readable informationformatting. Over time, with the evolution of technology, moreinformation can be supplied within the machine-readable component of anissued State identification card. However, it is impossible to remove“older” versions from circulation. Thus, for example, Minnesota has twoidentification card versions currently available, with the older version(Version 1) providing only two tracks and the new version (Version 2)providing three tracks. The Version 1 identification informationformatting does not correlate with the Version 2 formatting.

With the above designations in mind, the identification card database 26(FIG. 1) associated with the processor 20 (FIG. 1) of the presentinvention preferably provides a listing of all available Stateidentification cards and corresponding track formatting. In this regard,FIG. 3 provides an enhanced representation of information provided withthe database 26. Each entry within the database 26 includes a stateidentifier code (represented generally at column 60) that is matchedwith machine-readable information formatting associated with thatstate's identification card (represented generally at column 62). In apreferred embodiment, the database 26 includes entries for all fiftyStates, as well as other regions/entities that issue standardidentification cards (e.g., District of Columbia, Puerto Rico, military,etc.). Alternatively, formatting for less than all fifty States can beprovided. Preferably, however, the database 26 includes entries for atleast twenty-five different State identification cards. As shown in FIG.3, the state identifier code “AL” is the first entry under the stateidentifier code column 60, representing an identification card issued bythe State of Alabama. The formatting column 62 provides the trackformatting details associated with an Alabama identification card. Inother words, the formatting designations associated with anAlabama-issued identification card include, for example, the locationand ordering of first, middle, and last name components in Track 1; thelocation and ordering of address components in Track 1; the formattingof identification card number in Track 2; etc., are provided. FIG. 3further reflects the preferred embodiment in which the database 26includes formatting peculiarities associated with a state having two ormore identification card versions in circulation. In particular, FIG. 3illustrates entries for two versions of Minnesota-issued identificationcards.

Specific formatting designations for an exemplary Version 2Minnesota-issued State identification card, otherwise provided withinthe format column 62, are shown in FIG. 4. The Version 2 Minnesota Stateidentification card includes three tracks. For each track, specificformatting conventions associated with the Version 2 Minnesota Stateidentification card is provided. For example, with respect to Track 1,the formatting requirements designate a start sentinel at ASCII Position1; a state identifier code at ASCII Positions 2-3; city identificationat ASCII Position 4 through a first delimiter; name identificationcomponents at ASCII characters between the first and second delimiters;and address and identification at ASCII characters between the seconddelimiter and the end sentinel. Within each designated field, formattingdetails are further provided (e.g. the ordering of name components,identifying unique characters such as a “blank” ASCII position, etc.).Similar formatting conventions are provided for Tracks 2 and 3. Onceagain, because most states have certain formatting idiosyncrasies, eachformat recited in the database 26 will be unique to an issuing stateand/or version.

During use, and with reference to FIG. 1 and the simplified flow diagramof FIG. 5, the customer 16 approaches the casino designee 14 to initiatea quasi-cash transaction (e.g., a cash advance transaction). Thecustomer 16 provides the casino designee 14 with their financialinstitution card 28 and State identification card 24. At step 80, thecasino designee 14 processes the financial institution card 28 in aknown fashion. For example, the casino designee 14 “swipes” thefinancial institution card 28 through the card reader 18, and enters adesired transaction dollar amount via the keyboard 32 and/or the display30 (where the display 30 is a touch-screen display). The processor 20performs a transaction authorization routine whereby the financialinstitution card 28 information and desired dollar amount are signaled,via the transition line 34, to a financial transaction processingservice provider that authorizes or denies the desired transaction.Assuming the desired transaction is authorized, the processor 20references the customer database 40 to determine whether identificationinformation associated with the customer 16 (recognized via processingof the financial card 28 above) is available at step 82. If the customeridentification information is already available to the processor 20, thetransaction information is generated and verified at step 84, asdescribed in greater detail below. If sufficient customer identificationinformation is not available (e.g., the customer 16 is not listed in thecustomer database 40 or the information saved in the customer database40 does not include entries for all categories required for thequasi-cash document), the casino designee 14 processes the Stateidentification card 24 at step 86.

In particular, the casino designee 14 operates the card reader 18 toprocess the machine-readable information provided with the Stateidentification card 24. Once again, this machine-readable informationcan be provided in a variety of formats, but is conventionally providedas a magnetic stripe or bar code. The card reader 18 decodes themachine-readable information (e.g., hexadecimal machine-readableinformation) provided with the State identification card 24 into anASCII format, with this data stream being signaled to the processor 20.The processor 20, in turn, determines whether the state/entity otherwiseissuing the State identification card 24 is available in theidentification card database 26 at step 88. In particular, the processor20 retrieves the state identifier code found in Track 1 of themachine-readable information. As previously described, the stateidentifier code is a two-alpha character component found at Positions 2and 3 of Track 1 (e.g., with reference to the example of FIG. 2, thestate identifier code immediately follows the start sentinel in Track1). The so-identified state identifier code is then compared with thelistings provided in the identification card database 26. For example,with reference to FIG. 3, the state identifier code column 60 isreviewed to determine whether the state identifier code associated withthe processed State identification card 24 is available. To this end,where the identification card database 26 indicates that a particularstate has multiple State identification card versions, the processor 20further determines a version of the particular State identification card24 being processed and whether formatting for that version is availablewithin the identification card database 26. For example, with referenceto FIG. 3, where a determination is made that the particular Stateidentification card 24 is a Minnesota identification card, the processor20 reviews the data stream provided by the card reader 18 to determinewhether two or three tracks are present. If three tracks are present,the processor 20 concludes that the State identification card 24 is aMinnesota Version 2 State identification card; where only two tracks arepresent, Version 1 is designated. Depending upon the multiple versionformats employed by a particular State, the processor 20 can determine aversion of the State identification card in other manners.

If, at step 88, it is determined that the identification card database26 does not include formatting information relating to the particularState identification card 24, the casino designee 14 is prompted, atstep 90, to manually enter customer identification information via thekeyboard 32 and/or the display 30. Conversely, where the identificationcard database 26 does provide formatting information for the Stateidentification card 24 being processed, requisite customeridentification information is parsed from the data stream at step 92.

In particular, the processor 20, with reference to the formattingrequirements identified by the identification card database 26, reviewsthe information presented in Tracks 1, 2, and 3 (where three tracks arepresent). In this regard, the customer identification informationrequired for a “complete” quasi-cash document can vary, but willnormally include at least the customer's 16 name. The customer's namemust be presented in proper order (e.g., first name, middle name, lastname); based upon the formatting parameters presented by theidentification card database 26, the processor 20 will accurately parseeach component of the customer's name from Track 1 and assign properorder to the parsed customer name information, regardless of the uniquepresentation of customer name information employed by the State issuingthe State identification card 24.

Additional customer identification information can also be parsed fromthe track data streams, including, for example, address, identificationcard number, expiration date, date of birth, telephone number, etc. In amost preferred embodiment, the customer's full name, address andidentification card number are parsed. The identification card database26 facilitates the processor 20 accurately parsing this information andstoring in proper order, along with addressing idiosyncrasies of certainState identification card formatting. For example, where theidentification card number includes an alpha prefix component and theassociated Track 2 data stream presents the alpha prefix in numeric formoffset from the numeric component, the processor 20, based uponreference to the identification card database 26 formattinginstructions, parses the alpha prefix component, converts to alphabeticform, and properly orders the alpha prefix relative to the parsednumeric component.

The desired, parsed customer identification information (or the customeridentification retrieved from the customer database 40 at previous step82) is then verified by the casino designee 14 at step 84. Inparticular, the processor 20 generates quasi-cash document informationrequired for proper issuance of a quasi-cash document. To ensure thatthe later-printed quasi-cash document is accurate, the casino designee14 verifies the information, such as by reviewing the generatedquasi-cash document information via the display 30. If errors are notedand/or if additional information is needed, the casino designee 14 canmanually enter/edit the information, such as via the keyboard 32 and/orthe display 30. Further, and in one preferred embodiment, the casinodesignee 14 verifies that a photograph appearing on the Stateidentification card 28 is that of the customer 16.

Once the quasi-cash document information has been verified, the customeridentification information is preferably stored in the customer database40 provided by the processor 20 at step 94. Subsequently, the quasi-cashtransaction is finalized at step 96.

In particular, the quasi-cash document information, as otherwisegenerated by the processor 20, is formatted in conjunction with thedesired (and approved) dollar amount for printing on a quasi-cashdocument. An exemplary quasi-cash document is shown at 100 in FIG. 6.The quasi-cash document 100 includes the desired transaction dollaramount, along with the customer identification information, as retrievedfrom the machine-readable information associated with the Stateidentification card 24. Thus, the quasi-cash document 100 willpreferably include the customer's name, with name components presentedin proper order, and possibly other relevant information, such asaddress, identification card number, date of birth, etc. To this end,the appearance of the customer identification information can vary fromthat shown in FIG. 6. For example, the customer's last name can appearfirst, a middle initial provided, etc. Because the system and method ofthe present invention is able to accurately assign the parsedinformation into desired categories (e.g., first name, last name, city,zip code, identification card number, etc.), the identificationinformation on the quasi-cash document 100 can be accurately presentedin any desired format. Notably, the customer identification informationdisplayed on the quasi-cash document 100 need not include allinformation parsed from the identification card 24.

The processor 20 prompts the printer 22 to print the quasi-cash document100. Once printed, the quasi-cash document 100 is presented to thecustomer 16 in an un-signed form. The customer 16 can then, if he/she sochooses, execute the quasi-cash document 100 and provide it to thecasino designee 14 who then exchanges the executed quasi-cash document100 for cash and/or casino-issued negotiable items (e.g., chips, casinogaming card, etc.).

The quasi-cash document can take a number of forms, including a physicalnegotiable instrument or a non-negotiable receipt. In one embodiment,where the document is a negotiable instrument such as a money order, thecash advance transaction flow of funds proceeds as follows: (1) thecustomer initiates a Debit or Credit POS transaction via one of severalpossible systems, e.g., Kiosk or ATM; (2) the customer receivesauthorization or denial from the selected system; (3) if authorized, thecustomer proceeds to the cashier's cage or central cage station andprovides to a cashier identification and the credit/debit card used toinitiate the transaction; (4) the cashier validates the customer'sidentity based on the identification, retrieves the transactioninformation using the selected system or a cash advance application thatis networked to and interfaces with the selected system, and completesthe cash advance application; (5) the selected system or the cashadvance application prints a negotiable instrument presentable to thecasino or a third-party facilitator of the process; (6) the customerendorses the negotiable instrument payable to the casino or thethird-party facilitator, (7) the casino reimburses the customer foramount of the negotiable instrument, less a commission if appropriate,with cash or another casino-issued negotiable item (e.g., chips, casinogaming card, etc.); and (8) the casino deposits the negotiableinstrument into its financial institution to receive funds from thefinancial institution or the third-party facilitator for the amount ofthe instrument.

As described above, the physical instrument is generated and thenendorsed by the customer conducting the transaction. The negotiableinstrument provides at least two functions: (1) the document is anegotiable item that the casino can use to receive reimbursement from afinancial institution or a third-party facilitator; and (2) the documentserves as proof that the transaction was completed and the customerreceived his cash. Casinos typically deposit such negotiable instrumentswith a financial institution at the end of each business day. The checksthen follow the typical processing and clearing process involved withposting such items. Another embodiment is now described that requireseven less paperwork and processing steps involved in depositing aphysical instrument.

In another embodiment, a receipt is printed in lieu of a negotiableinstrument. This is a “checkless” cash advance transaction. As describedin more detail herein, the “checkless” cash advance transactiongenerates a non-negotiable draft rather than an actual negotiableinstrument as a transaction receipt. The casino customer is stillrequired to sign the draft or a receipt to complete the transaction(this signed receipt provides proof of cash dispersal should a disputearise), but rather than filing it for subsequent deposit, the documentis stored physically or electronically scanned via a scanner, e.g. aMagtek check scanner, and the image is electronically stored by thecasino or sent to a third-party facilitator. These physical receipts orelectronic images can then be used for reference when resolvingtransaction disputes. Additionally, the transaction data can be used toautomatically determine the net settlement amount for a casino propertyfor a given settlement period, and the funds deposited electronically(e.g., via an ACH file) in lieu of depositing the physical instrument.

In this “checkless” embodiment the quasi-cash document is anon-negotiable instrument, such as a receipt, and cash advancetransaction flow of funds proceeds as follows: (1) the customerinitiates a Debit or Credit POS transaction via one of several possiblesystems, e.g., Kiosk, ATM or wireless device; (2) the customer receivesauthorization or denial from the selected system; (3) if authorized, thecustomer proceeds to the cashier's cage or central cage station andprovides to a cashier identification and the credit/debit card used toinitiate the transaction; alternatively, if the customer initiated thetransaction on a wireless device, e.g. a remote control unit (RCU), thecustomer does not need to leave the gaming station where he is located,but rather the customer provides his identification and the credit/debitcard to a cashier/attendant, or “runner,” at the gaming station (thespecific functionality of the RCU is further described below); (4) thecashier or attendant validates the customer's identity, retrieves thetransaction information using the selected system or a cash advanceapplication that is networked to and interfaces with the selectedsystem, and completes the cash advance application; (5) the selectedsystem or the cash advance application prints a transaction receipt; (6)the customer signs the receipt confirming the transaction took place(the customer's signature may be acquired on the physical receipt or itmay be captured electronically through an electronic signature pad); (7)the receipt image is either physically stored or scanned and retainedelectronically and stored for subsequent transmittal to a central server(the central server may be maintained by the casino or a third-partyfacilitator that maintains the cash advance application); (8) thetransaction information, including the receipt image if applicable, isrecorded on the central server; and (9) the central server generates anACH file containing all the cash advance transactions completed for apredetermined specified settlement period and electronically transmitsthe ACH file to the casino's designated financial institution forprocessing and successive posting of the deposits.

The “checkless” cash advance transaction has numerous advantages overexisting systems. The casino benefits from the checkless transactionbecause all deposits are made electronically. The casino's financialinstitution typically receives funds for the current day's cash advancetransactions within two business days. Additionally, the casino will nothave the burden of physically depositing hardcopy drafts with thefinancial institution. Moreover, a casino that does not have a means toimmediately transmit a paper document to the third-party facilitator orits financial institution can quickly transmit an ACH fileelectronically through various means (e.g., satellite from a cruise shipcasino). The third-party facilitator benefits from the checklesstransaction because research and retrieval of transaction receipts inthe event of a cardholder dispute can be completed online with theoption to display and print the electronic image of the signed customerreceipt. There is no need for the third-party to managed or handlephysical checks.

The system and method of the present invention provides a distinctimprovement over previous configurations. In particular, the timerequirements for performing a quasi-cash transaction (such as a cashadvance transaction) are greatly minimized as necessary customerinformation need not be manually entered. In this regard, the system andmethod of the present invention preferably accounts for all formattingidiosyncrasies associated with the multitude of issued Stateidentification cards. In one preferred embodiment, a customer databaseis automatically provided with customer identification informationparsed from a State identification card.

As mentioned above, an alternative embodiment of a casino financialtransaction system 210 in accordance with the present invention includesthe use of wireless technology. As shown in block form in FIG. 7, thesystem 210 includes a portable remote control unit (RCU) 212, a baseprocessor module 214, and a printer 216. In general terms, the system210 is adapted for use within a casino 218 having at least one gamingstation 220. The gaming station 220 can assume a wide variety of forms,including, for example, a gaming machine (e.g., slot machine, videopoker, keno terminal, etc.) or a gaming table (e.g., black jack, poker,craps, roulette, etc.). Regardless, the RCU 212 is adapted to facilitatea financial card-type transaction (e.g., credit card, bank card, debitcard, etc.), and is presented to a customer 222 otherwise located at thegaming station 220. Information relating to the desired financialtransaction is entered into the RCU 212, that in turn signals theinformation to the base processor module 214 via wireless transmission.In one preferred embodiment, a terminal transceiver (not shown) isprovided for receiving the wireless transmission. The base processormodule 214, in turn, is operated to obtain approval for the desiredfinancial transaction. Upon receiving approval for the desiredtransaction, the customer 222 enters his/her signature into the RCU 212that in turn forwards an electronic copy of the customer's signature tothe base processor module 214. The base processor module 214 thenoperates the printer 216 to print a negotiable financial document thatincludes the customer's signature. Finally, a financial instrument(e.g., chips, cash, check, etc.) is presented to the customer 222 at thegaming station 220. Thus, the entire financial transaction occurswithout the customer 222 ever leaving the gaming station 220.

One embodiment of the portable RCU 212 is shown in greater detail inFIGS. 8A and 8B. As a point of reference, FIG. 8A provides a top planview of the RCU 212, whereas the internal components are shown in blockform in FIG. 8B. With this in mind, the RCU 212 preferably includes amicroprocessor 230, a power source 232, a touch-screen display 234, akeypad 236, RAM 238, ROM 240, a magnetic card swipe reader 242, a decodelogic module 244, and an IR transmitter 246. Construction and connectionof the various components 230-246 are known in the art, and theirinterrelationship is described as follows.

The power source 232 is adapted to supply requisite power to othercomponents of the portable RCU 212 (e.g., the microprocessor), andrenders the RCU 212 truly portable. Thus, in one preferred embodiment,the power source 232 is a battery, although other types ofself-contained power supply devices are acceptable. Alternatively, theRCU 212 can be adapted to be powered by a separate power supply providedwithin the casino 218 (FIG. 7).

The touch-screen display 234 and the keypad 236 provide a means forinteraction between the customer 222 (FIG. 7) and the RCU 212. Forexample, the touch-screen display 234 can be operated to display variousinstructions and selection options to the customer 222 related to adesired financial transaction, with the displayed information/selectionschanging throughout a transaction operation. The keypad 236 preferablypresents “standard” selection options to the customer 222, such as a“cancel” key 248, a “clear” key 250, and a “enter” key 252. Themicroprocessor 230 is adapted to perform a desired operation in responseto depression of one of these keys 248-252. For example, pressing the“cancel” key 248 causes the microprocessor 230 to immediately end aparticular transaction operation. The “clear” key 250 prompts themicroprocessor 232 to clear previously entered information. Finally, the“enter” key 252 confirms that certain entered information is correct.

The touch-screen display 234 is further preferably formatted to providea signature-capturing feature. In particular, the touch-screen display234 in conjunction with the microprocessor 230 is preferably adapted todesignate a signature box (shown generally at 254 in FIG. 8A) at adesired time during a financial transaction procedure within which thecustomer 222 can write his/her signature, such as via an electronic pen256. The so-entered signature is electronically stored in an analog ordigital format by the microprocessor 230 such as in the RAM 238.Alternatively, other techniques for electronically storing a signaturecan be incorporated into the RCU 212.

The software used to control operation of the microprocessor 230 isstored in the ROM 240. Conversely, information entered via thetouch-screen display 234, the keypad 236, and/or the magnetic card swipereader 242 is stored by the microprocessor 230 in the RAM 238 forfurther processing. In particular, the microprocessor 230 formats thedata and signals information via the IR transmitter 246.

The magnetic card swipe reader 242 reads and decodes information on amagnetic stripe provided by a financial card and/or an identificationcard (not shown) otherwise swiped through the reader 242. The swipereader 242 sends information to the decode logic module 244 thatconverts the serial bit stream from the reader 242 into a byte-widestream for input to the microprocessor 230. Alternatively, otherconfigurations for converting information provided by the financial cardand/or identification card otherwise swiped (or dipped) through thereader 242 can be incorporated.

Finally, in one embodiment, the RCU 212 includes a printer module 258that is otherwise connected to the microprocessor 230. As described ingreater detail below, the microprocessor 230 is adapted to operate theprinter module 258 to print a transaction receipt that in turn isprovided to the customer 222 (FIG. 7) upon completion of a financialtransaction.

In one preferred embodiment, the RCU 212 is a remote control unitavailable under the trade name “ICE 4000” from Hypercom Corp., ofPhoenix, Ariz. Alternatively, other forms are equally acceptable.

Further detail regarding the base processor module 214 is provided inFIG. 9. In this regard, the base processor module 214 preferablyincludes a base processor 270 and a wireless transmitting/receivingdevice 272. The base processor 270 is a microprocessor-based device,capable of storing information and performing desired operations. In oneembodiment, the base processor 270 includes a display screen 274, akeypad 276, a phone line port 278, a printer port 280, and a powersupply receptacle 282. In one preferred embodiment, the base processor270 is a processor device available under the trade name “ICE 5500” fromHypercom Corp., of Phoenix, Ariz., although other configurations areequally acceptable. In a further preferred embodiment, the baseprocessor 270 further includes, or has access to, a memory (not shown)in which customer information is stored in a designated database. Asdescribed below, this database can be periodically referenced toretrieve previously entered identification information for a repeat userof the system 210 (FIG. 7).

The display 274 is adapted to inform a user of a particular operationalstatus, whereas the keypad 276 affords the ability to enter desiredinformation.

The transmitting/receiving device 272 is adapted to transmit and receivewireless signaled information to and from the RCU 212 (FIG. 8A) forsubsequent processing. In one embodiment, the transmitting/receivingdevice 272 includes a terminal transceiver 284 and an antenna 286. Anappropriate terminal transceiver interface device is available fromHypercom Corp., of Phoenix, Ariz. Alternatively, thetransmitting/receiving device 272 can be incorporated directly into ahousing 288 otherwise provided by the base processor 270. Regardless,the transmitting/receiving device 272 is adapted to wirelessly transmitinformation to, and receive information from, the portable RCU 212.

A preferred method of operating the system 210 in accordance with thepresent invention is provided in flow diagram form in FIGS. 10A and 10B.Beginning at step 100, the customer 222 is located at the gaming station220 within the casino 218. Once again, the gaming station 220 can be oneof many gaming activities typically found at a casino, such as a gamingmachine (e.g., slot machine, a video poker machine, keno machine, etc.),or a gaming table (e.g., card table, roulette table, craps table, bingotable, etc.).

The customer 222 then desires to obtain cash or other negotiableinstrument to continue playing at the gaming station 220. With this inmind, at step 102, the portable RCU 212 is provided to the customer 222at the gaming station 220. For example, where the gaming station 220 isa card table, the portable RCU 212 can be located on the table itself,or can be stored within arm's reach of an attendant (e.g., dealer, pitboss, etc.) who then provides the portable RCU 212 to the customer 222.Alternatively, casino “runners” are normally dispersed throughout thecasino 218 who constantly walk about the casino 218, and are availableto assist customers. With this in mind, where the customer 222 islocated at a discrete gaming station (e.g., slot machine, video poker,etc.), the runner or other casino personnel can hand deliver theportable RCU 212 to the customer 222. Regardless, the customer 222 isnot required to exit or otherwise leave the gaming station 220 to accessor interact with the portable RCU 212.

In one preferred embodiment, the RCU 212 then prompts the customer 222(or casino attendant) to enter location identification informationindicative of the particular casino location (or gaming station) atwhich the RCU 212 and the customer 222 are currently located at step103. As described in greater detail below, documentation and/or anegotiable instrument may be delivered from a location of the baseprocessor module 214 to the customer 222 upon completion of thefinancial transaction. To ensure that the document(s) and/or instrumentis correctly delivered to the customer 222 (and not to a differentcustomer using a separate RCU), an indication is preferably provided tothe base processor module 214 (and thus a casino attendant otherwiseresponsible for delivering document(s)/instruments from the baseprocessor module 214) of the casino location at which the financialtransaction is being performed. The location identification informationcan assume a wide variety of forms, such as cashier number/designation,table number/designation, gaming machine number/designation, etc.Alternatively, the RCU 212 can be programmed to automatically providepre-determined location identification information (e.g., where the RCU212 is permanently located at a specific gaming table, the correspondingtable number/designation information can be entered into, and saved by,the RCU 212). Where appropriate, the proper location identificationinformation is entered at step 104. Alternatively, where identifying aspecific location of the RCU 212 and/or the customer 222 is of little orno concern, steps 103 and 104 can be omitted.

The customer 222 enters information derived from a financialinstitution-issued card otherwise owned by the customer 222 at step 105.As is known, various financial institutions issue cards to theircustomers that include account information based upon which the customercan utilize to access funds otherwise maintained in that account.Examples of available financial institution cards include credit cards,debit cards, bank cards, etc. The account information can be manuallyentered by the customer 222 (and/or an attendant) via the touch-screendisplay 234, or by simply swiping (or dipping) the card through themagnetic card swipe reader 242 (FIG. 8A).

The RCU 212 then prompts the customer 222 to enter transactioninformation into the RCU 212 at step 106. In particular, the customer222 is requested to enter a desired amount of the proposed financialtransaction. At step 108, the customer 222 provides the transactioninformation to the RCU 212, such as by the touch-screen display 234.

In one preferred embodiment, the RCU 212 is adapted to determine atransaction fee to be paid by the customer 222 based upon thepreviously-entered desired amount (e.g., 7% of the desired amount).Alternatively, a predetermined “standard” transaction fee can be storedby the RCU 212 (e.g., $25). Regardless, the determined transaction feeis displayed to the customer in conjunction with the desired transactionamount at step 109, along with a request that the customer 222 confirmthat the desired transaction amount is correct and that he or she agreesto pay the transaction fee (e.g., pressing a designated key on the RCU212). Alternatively, the financial transaction of the present inventioncan be performed without a transaction fee.

The financial card information and transaction information (includingthe transaction fee where applicable) are signaled from the RCU 212 tothe base processor module 214 via wireless transmission at step 110. Ina preferred embodiment, the previously entered location identificationinformation is also signaled from the RCU 212 to the base processormodule 214, and in particular the transmitting/receiving device 272, atstep 110. The base processor 270 is then operated to obtain approval forthe desired financial transaction (including the transaction fee whereapplicable) from the financial institution that otherwise issued theparticular financial card at step 112. For example, the base processor270 can be connected (such as via a phone line) to a financialtransaction processing service provider. Again, one such serviceprovider is Vital Processing Services of Tempe, Ariz. In general terms,the requested transaction amount (including the transaction fee whereapplicable) is either authorized or denied by the service, with thisdecision then being provided to the base processor 270. The baseprocessor 270, in turn, signals (via the transmitting/receiving device272) the approval or denial of the transaction request to the portableRCU 212 at step 114.

Assuming the requested transaction amount (including the transaction feewhere applicable) has been approved, the portable RCU 212 then promptsthe customer 222, at step 116, to enter personal identificationinformation, such as the customer's 222 name, address, zip code, etc. Inone preferred embodiment, the base processor module 214 maintains apersonal identification database. In the event the customer 222 haspreviously performed a financial transaction through the system 210 (asindicated, for example, by previously processing a financial institutioncard matching the financial card information previously provided at step104), the base processor module 214 can signal saved personalidentification information to the RCU 212 that in turn displays it tothe customer 222. The customer 222 need only confirm the accuracy of thedisplayed information. Alternatively, the personal information isretrieved from a personal identification card, as outlined below.Regardless, at step 118, the requested information is entered (orconfirmed or updated if necessary), either manually via the touch-screen234 and/or the keypad 236, or by swiping an appropriate identificationcard (e.g., a driver's license formatted to include a magnetic strip).An attendant, at step 120, then verifies the entered information.

At step 122, the RCU 212 prompts the customer 222 to enter his/hersignature into the RCU 212. The customer 222 personally provides thissignature at step 124. Once again, the customer 222 can enter his/hersignature into the RCU 212 in a variety of fashions, but is preferablyaccomplished via the electronic pen 256 and the designated box 258provided on the touch-screen display 234. Regardless, at step 126, theRCU 212 electronically captures and stores the entered signature. TheRCU 212 then signals the identification information and theelectronically captured signature to the base processor module 214 via awireless transmission, as previously described, at step 128.

With the relevant identification and electronically captured signatureinformation in hand, the base processor 270 is operated, at step 130, toprint a negotiable financial document via the attached printer 216. Thenegotiable financial document can assume a variety of forms, such as acheck or money order, but will include the customer's 222 signature(reproducing in ink on the printed document the electronically capturedsignature). In one preferred embodiment, the printed negotiable documentis a financial note issued by a providers of the system 210, that, whencashed by the casino, is drawn upon the system provider's bank account.With this approach, the customer's signature is necessary to satisfydraft completion requirements set forth by most, if not all, financialinstitutions that issue financial cards. Thus, the customer's signatureensures that the system provider (or other third party provider) willnot be held liable in the event the customer 222 later disputes thetransaction.

The printed negotiable financial document will have a negotiablemonetary value equivalent to a value of the desired financialtransaction. In one preferred embodiment, where the financialtransaction includes a transaction fee, the negotiable financialdocument will have a monetary value equal to the desired amount, alongwith a notation that the financial transaction fee has been chargedagainst the customer's 222 designated account, with this transaction feehaving been transferred to a separate designated financial account(e.g., the provider of the system 210) by the base processor module 214.Notably, this type of financial transaction processing is normallycarried out through an automated clearing house (ACH) as is known in theart. In a further preferred embodiment, the printed negotiable financialdocument includes the previously provided location identificationinformation for reasons described below.

Regardless of the exact content, once printed, the casino 218 canprocess the negotiable financial document in accordance with itsinternal procedures. In one preferred embodiment, multiple copies of thenegotiable financial document are printed, with only one of the printeddocuments be validly negotiable. For example, the document can beprinted in triplicate, with two of the three versions being denoted as“non-negotiable”. In any event, at step 132, a negotiable instrument isdelivered to the customer 222 having a monetary value equal to themonetary value of the printed negotiable financial document. Thenegotiable instrument delivered to the customer can assume a variety offorms, and can include for example cash, chips, a separately preparedmoney order, or the previously printed financial document. Delivery ofthe negotiable instrument can take a variety of forms. For example, theattendant or runner (or other casino personnel) can review the approvedinformation provided by the portable RCU 212 and provide the customer222 with an amount of cash or chips equivalent to the approved amount ora casino-issued gaming card programmed to provide an account with thecasino having a balance equivalent to the approved amount.Alternatively, an operator of the base processor module 214 can, afterreviewing and processing the printed negotiable financial document,personally deliver, or direct another casino employee or other designeeto deliver, chips, cash, or a casino-issued gaming card to the customer222. In one preferred embodiment, the portable RCU 212 is furtheroperated to print a transaction receipt that is given to the customer222. In addition, or alternatively, a copy of the previously printednegotiable document is provided to the customer 222. In this regard, thelocation identification information, otherwise preferably printed on thedocument, provides a clear indication to the casino employee of where inthe casino the document (and/or negotiable instrument) is to bedelivered. This is especially useful in a casino having multiple RCUs212 in operation.

Additionally, the RCU 212 is also capable of processing a checklesstransaction as discussed above. In this embodiment, printed receipts areprovided by RCU 212 at the completion of the transaction.

The system and method of the present invention provides a markedimprovement over previous designs. In particular, casino customers areable to conveniently obtain additional monetary funds via an off-sitefinancial institution account without ever having to leave the gamingstation at which the customer is located. The all-to-common frustrationof prematurely terminating a gaming activity is avoided and casinos arebetter able to keep a customer engaged in a gaming activity.

Although the present invention has been described with reference topreferred embodiments, workers skilled in the art will recognize thatchanges can be made in form and detail without departing from the spiritand scope of the present invention. For example, the identification cardused could be any card deemed to be a reliable source of identification.Often, these include government issued cards such as driver's licenses,passports, etc. Additionally, while the system and method of the presentinvention has been described in the context of a casino, otherenvironments are equally acceptable. The quasi-cash transaction can beperformed in other locales, such as a racetrack, bingo parlor,nightclub, etc.

What is claimed is:
 1. A method for conducting a checkless cash accesssettlement, comprising: receiving, at an electronic cash access systemterminal located in a gaming environment, a request from a customer fora cash access transaction using a financial account instrument, the cashaccess transaction used to request a disbursal of cash currency fundedfrom a financial account owned by the customer at a financialinstitution, the financial account instrument used to access thefinancial account owned by the customer, and the financial accountinstrument including a first set of personal information regarding thecustomer; obtaining pre-authorization for performance of the cash accesstransaction with the financial account; providing information regardingsaid requested cash access transaction at a station at a cashdisbursement location; obtaining customer identification from a customeridentification medium provided by the customer at the station, thecustomer identification medium issued by a third party and beingdistinct from the financial account instrument, and the customeridentification medium including a second set of personal informationregarding the customer, the second set of personal information beingencoded on the customer identification medium independent from the firstset of personal information; validating an identity of the customerbased on a comparison of the first and second sets of personalinformation provided from the customer identification and the financialaccount instrument by determining whether a subset of the first set ofpersonal information corresponds with a subset of the second set ofpersonal information; completing, via the station, the cash accesstransaction with the financial account responsive to validation of thecustomer identification; and disbursing cash currency requested in thecash access transaction to the customer at the station.
 2. The method ofclaim 1, wherein the cash access system terminal is provided at a gamingstation, and wherein the gaming station comprises a gaming table or agame machine.
 3. The method of claim 1, wherein the cash access systemterminal comprises a portable, remote control unit (RCU) operable by thecustomer.
 4. The method of claim 1, wherein the cash access systemterminal is one of: a kiosk, an ATM, a gaming station, or a wirelessdevice.
 5. The method of claim 1, wherein the financial accountinstrument comprises a debit card, bank card, or credit card, andwherein the cash access transaction comprises a cash advance,quasi-cash, or cash equivalent transaction.
 6. The method of claim 1,wherein the customer identification medium comprises an identificationcard encoded with the second set of personal information that isdistinct from the first set of personal information encoded on thefinancial account instrument.
 7. The method of claim 6, wherein theidentification card comprises a government-issued identification card.8. The method of claim 7, wherein the government-issued identificationcard comprises a driver's license.
 9. The method of claim 1, wherein thecustomer identification medium includes an electronic identificationfile comprising the second set of personal information that is distinctfrom first set of personal information encoded on the financial accountinstrument, and further comprising the step of electronically capturingthe second set of personal information from said customer identificationmedium by transferring the electronic identification file from acustomer device.
 10. The method of claim 1, further comprising:electronically validating the second set of personal informationreceived from the customer identification medium of a customerelectronic device with said first set of personal information; andsending the customer an electronic confirmation responsive tosuccessfully validating the customer identification.
 11. The method ofclaim 1, further comprising: obtaining a signature of the customer to beused for at least a future cash access transaction; storing anelectronic record of the signature responsive to obtaining the signatureof the customer; and accessing the electronic record in connection withthe future cash access transaction.
 12. The method of claim 1, furthercomprising: obtaining a signature of the customer in connection with thecash access transaction; and storing an electronic record of thesignature responsive to obtaining the signature of the customer.
 13. Themethod of claim 12, wherein obtaining a signature of the customerincludes printing a transaction receipt for the cash access transactionand providing the transaction receipt to the customer to obtain asignature on the transaction receipt, and wherein storing an electronicrecord of the signature includes obtaining an electronic image of thetransaction receipt and storing the electronic image in the electronicrecord.
 14. The method of claim 13, wherein the transaction receipt is anonnegotiable instrument providing proof of cash dispersal.
 15. Themethod of claim 12, wherein obtaining a signature of the customerincludes capturing the signature via a touch screen or signature padassociated with the cash access system terminal.
 16. The method of claim1, further comprising transmitting information of the cash accesstransaction for inclusion in an electronic deposit transaction, whereinthe electronic deposit transaction provided for a plurality of cashaccess transactions completed in a settlement period is an automatedclearing house (ACH) transaction for the plurality of cash accesstransactions, wherein the plurality of cash access transactions areperformed by a plurality of customers, and wherein an ACH filereferencing the plurality of cash access transactions is used inconnection with the ACH transaction.
 17. The method of claim 16, furthercomprising electronically transmitting the ACH file to at least onefinancial institution for processing and successive posting ofelectronic deposits correlating to the plurality of cash accesstransactions.
 18. A system, comprising: a cash access transaction deviceoperable in a gaming environment configured to: receive a request from acustomer for a cash access transaction with a financial card, the cashaccess transaction used to conduct a dispersal of cash currency fundedfrom funds transferred from a financial account owned by the customer,and the financial account being associated with the financial card;receive card information from the financial card, the card informationcomprising a first set of personal information of the customer; andtransmit card information for use in generating a pre-authorization forsaid cash access transaction with said financial account; a station at acash disbursement location configured to: provide information regardingthe requested cash access transaction to a user of said station; andreceive input of validation from said user of a customer's identity froma comparison of a second set of personal information to the first set ofpersonal information, the second set of personal information beingpresented on a customer identification medium, the customeridentification medium being provided from a third party unrelated to thefinancial account, and the second set of personal information beingindependent from the first set of personal information; and a cashaccess transaction base processor, configured to: receive informationfrom said cash access transaction device; obtain validation of thecustomer identification information and the financial card from saidstation; and complete the cash access transaction with the financialaccount responsive to validation of the identification.
 19. The systemof claim 18, wherein the cash access processing device is provided at agaming station in the gaming environment, the gaming station being oneof: a gaming table, bingo system, keno system, betting station,server-based gaming terminal, or a gaming machine.
 20. The system ofclaim 18, wherein the financial account is maintained by a casinoenterprise.